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Trading Recommendations and Trade Review for EUR/USD on September 23. The Euro's Sentencing Continues
Analysis of EUR/USD 5M
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Analysis of EUR/USD 5M The EUR/USD pair on Tuesday resumed its downward movement within the existing downtrend after failing to begin an upside correction for three days. The 1.1461–1.1473 area was breached, allowing the US currency to continue higher toward the next support zone at 1.1362–1.1368. The trend line remains relevant, and from a technical perspective, the move is logical and coherent. The only way to call the move illogical is from a fundamental or macroeconomic viewpoint.
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